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If you have the same company stock in various accounts, how do you determine basis with the FIFO method. Do you look at all your accounts to determine FIFO cost or just the particular account the stock was sold from?
Linda
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If you have the same company stock in various accounts, how do you determine basis with the FIFO method. Do you look at all your accounts to determine FIFO cost or just the particular account the stock was sold from?

The latter.

Phil Marti
VITA Volunteer
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